COMMERCIAL

Evening Star, Issue 25173, 12 May 1944, Page 4

COMMERCIAL

SHARE MARKET. The brighter tone was maintained on 'Change this morning, a number of sales beins reported. There were two reported sales of New Zealand Refrigerating (cont.) at 13s. the market closing at 12s 10d-13s 6d. National Mortgage ".B" were quoted at 35s 6d-36s 6d. with a sale reported at 365. Other reported sales were Loan and Mercantile (ord.) at £7O, with a buyer still offering £69; D.I.C. (ord.) at 21s, with a buyer quoting 206 9d; New Zealand Drug (40s paid) at 97s 6d, with a buyer at 975; and Booth. Macdonald (pref.) at 10s 9d, this issue being on offer at lis 3d. Other quotations both ways were for South British Insurance at 77s 6d-79d 6d; McKenzie's Stores at 58s 6d-60s, New Zealand Paper Mills (ex div.) at 405415, and Mount Lyell at 33s 3d-34s 3d. SALES ON 'CHANGE: THIS DAY. Auckland v —Morning call: Commercial Bank, 18s 9d; Northern Steam (con.), 3s 2d; British Tobacco, 525; Burns, Philp, 63s 6d; D.I.C, 20s; Farmers' Trading (odd lot), 26s 7d; Hadfield's Steel, 13s .3d; New Zealand Drug, 97s 3d; Emperor Gold, 13s 3d; Maori Gold, sd; Mount Morgan, Bs. Unofficial : Fletcher Holdings, 25s 3d (3).' Noon call: Burns, Philp, 63s 6d; Wilsons Cement, 20s 3d; Woolworths (New Zealand), 18s 4d. Christchurch —Three per cent. Stock (Dec, 1953-56), £IOO. 2s 6d (2); Bank of Australasia; £9 lis; Mount,Morgan (ord.), 8s (2). Reported: Maori Gold, sd. UNITED STARR-BOWKETT. A meeting of members of the United Starr-Bowkelt Building Society was held last evening to dispose of £1,600 by ballot. A ballot for a free loan- of £BOO in No. 10 group was held, and cluster No. 59 was drawn, held by a Dunedin shareholder. This wfts followed by a ballot for £BOO, bein* the sixty-fourth appropriation in No. 11 group. This resulted in cluster No. 45, held by. a Mosgiel resident, being drawn. DIVIDENDS. /p.A.) WELLINGTON, May 12. Tooth's Brewery interim dividend is 13 per cent, per annum. ~,,., The directors of Dental and Medical Supply recommend the payment of a dividend of 5 per cent. • The .directors, of Donaghy s Rope and Twine Company recommend a final dividend for the year ended March 31, of Is 3d a share, making a total for the year of 2s per shave. Wellington.—Wilsons Cement (cum div.), 20s 3d Reported: 4 per cent. Stock (194952), £lO6 2s 6d.